Monday, 4 July 2016

Buhari replaces Kachikwu as NNPC GMD, Baru takes over

Buhari replaces Kachikwu as NNPC GMD, Baru takes over

The new NNPC GMD is Maikanti Kacalla Baru, according to the presidency.

The new board is composed of the following:

A. Chairman-Dr Emmanuel Ibe Kachikwu, Honourable Minister of State for Petroleum;
B. Group Managing Director- Dr Maikanti Kacalla Baru;
C. The Permanent Secretary of the Federal Ministry of Finance; Mahmoud Isa Dutse, and
D. The following six persons:
1. Mallam Abba Kyari
2. Dr Thomas M.A John
3. Dr Pius O. Akinyelure
4. Dr Tajuddeen Umar
5. Mallam Mohammed Lawal, and
6. Mallam Yusuf Lawal.
President Buhari urges the new board to ensure the successful delivery of the mandate of the NNPC, ” and serve the nation by upholding the public trust placed on them in managing this critical national asset.”

Details follow…

President Muhammadu Buhari has removed Dr. Ibe Kachikwu as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). In his stead, the president has appointed Dr. Maikanti Kacalla Baru as the new NNPC GMD. Buhari, however, retained Kachikwu as Minister of State for Petroleum Resources and chairman, board of the NNPC.

His removal came exactly 11 months after his appointment as NNPC GMD.Buhari appointed Kachikwu GMD on August 4, 2015 from his position as Executive Vice Chairman and General Counsel of Exxon Mobil (Africa). Kachikwu was, in November 2015, appointed as Minister of State for Petroleum Resources to combine the two positions.

The president has been under pressure in the last few months to remove Kachikwu from his dual portfolios of GMD and minister. Buhari also doubles as Minister of Petroleum Resources. The president, in a statement by his Special Adviser on Media and Publicity,Femi Adesina, also approved the composition of the Board of the NNPC as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended. Kachikwu is the chairman of the board with Baru as a member.

Members of the NNPC board approved by the president also include the Permanent Secretary of the Federal Ministry of Finance and six other persons. They are Mallam Abba Kyari, Chief of Staff to the President; national vice chairman (South-West) of the All Progressives Congress (APC), Dr. Pius O. Akinyelure; Dr. Thomas M.A John, Dr. Tajuddeen Umar, Mallam Mohammed Lawal, and Mallam Yusuf Lawal. The president, in the statement announcing the appointments, urged the new board to ensure the successful delivery of the mandate of the NNPC “and serve the nation by upholding the public trust placed on them in managing this critical national asset.”

Until his appointment yesterday, Baru, was the Group Executive Director, Exploration and Production of the corporation. Baru attended Ahmadu Bello University, Zaria, in Kaduna State where he obtained Bachelor of Engineering (Mechanical) with a first class honours. He also holds a Doctor of Philosophy in Mechanical engineering.

Baru had worked in various capacities in both the Upstream and Downstream Sectors of NNPC. These include Group General Manager of Greenfield Refinery Projects, Managing Director of Hyson, Executive Director of Nigerian Gas Company (NGC), General Manager (Gas Division) of NAPIMS; Manager (Operations), Procurement Management Services and Manager (Engineering) for National Engineering and Technical Company Limited (NETCO). His leadership at NAPIMS which spanned from July 1993 to July 1999 saw him executing several gas projects which are utilising billions of standard cubic feet of gas per day.

Several other ongoing projects were also conceptualised under his watch. He planned the projects that would ensure flare-out by 2008 and made huge savings while overseeing the Joint Venture Gas Projects. He was also the NNPC’s Chief Technical Negotiator on the West African Gas Pipeline project from July 1999 to April 2004.